Moby
06-21-2008, 02:12 PM
This is something that bothers me more at a philosophical level then anything else. Since 2001 we've gone a massive borrowing spree from other countries. We've drastically increased spending and at the same time massively increased our borrowing of money from other countries.
We're now making a big push that we need to get off foreign oil but we're insisting on staying on foreign money.
We can generate enough money to support ourselves but we choose not to.
While we seem to insist on increasing our need for money and oil why are the approaches so different?
1. It's a matter of national security to give away our oil to the public traded oil companies.
2. It's not a matter of security to pay our bills.
We're now making a big push that we need to get off foreign oil but we're insisting on staying on foreign money.
We can generate enough money to support ourselves but we choose not to.
While we seem to insist on increasing our need for money and oil why are the approaches so different?
1. It's a matter of national security to give away our oil to the public traded oil companies.
2. It's not a matter of security to pay our bills.